Employee Benefit Plans (Tables)

3 Months Ended

Mar. 31, 2022

Retirement Benefits [Abstract]

Schedule of Net Benefit Costs

For the three months ended March 31, 2022 and 2021, the components of net periodic benefit cost are as follows:

	Three months ended March 31,
dollars in millions	2022		2021
Service cost	$	3	$	4
Interest cost	11		7
Expected return on assets	(22)		(20)
Amortization of prior service cost	—		—
Amortization of net actuarial loss	3		7
Net periodic benefit	$	(5)	$	(2)

Schedule of Nonvested Restricted Stock Units Activity

The following table presents the unvested BancShares RSUs at March 31, 2022, which have vesting periods through 2024. There were no grants of stock-based compensation awards during the quarter ended March 31, 2022.

Stock-Settled Awards Outstanding

	Stock-Settled Awards
per share amounts in whole dollars	Number of Shares	Weighted Average Grant Date Value
Unvested BancShares at December 31, 2021	—	$	—
Unvested CIT RSUs converted to BancShares RSUs at Merger Date	116,958	859.76
Unvested CIT PSUs converted to RSUs at Merger Date	10,678	859.76
Forfeited / cancelled	(411)	859.76
Vested / settled awards	(71,171)	859.76
Vested / unsettled awards	(95)	859.76
Unvested BancShares RSUs at March 31, 2022	55,959	$	859.76